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JHABUA POWER INVESTMENT LTD
Mercator Petro lenders approve Indian Oil's offerLenders of the Mumbai-based onshore petroleum extraction company have unanimously voted for IOC's resolution plan, which equates to a 46% r...
Stocks in the news: SBI, Hero Moto, ACC, Maruti Suzuki, Ambuja Cements and Yes BankThe Adani family said it has completed the acquisition of Ambuja Cements & ACC and has become country's second largest cement player.
Power sector lenders weigh takeover of stressed assetsPower sector financiers Power Finance Corporation (PFC) and REC Ltd had earlier discussed the possibility of creation of an asset managemen...
Delhi HC seeks ED stand on bail plea by former MD & CEO of YES Bank RanaLast month, the trial court had denied the relief of bail to Kapoor, noting that the allegations against him were most grave and serious in...
Delhi court denies bail to former MD & CEO of YES Bank Rana Kapoor“Considering the overall facts and circumstances of the present case, since the allegations against the accused are most grave in nature, a...
HC dismisses Avantha Group promoter Gautam Thapar's plea challenging arrestAvantha Group promoter Gautam Thapar had approached the high court challenging a trial court's August 5 order by which his plea to declare ...
Avantha Power lenders ink Jhabua Plant deal with NTPCLenders to the Avantha Group’s 600 MW distressed Jhabua power plant have come to an agreement with the state-owned National Thermal Power C...
Gautam Thapar case may have huge fallout: Court“Illegal favours are found to have been extended by Yes Bank to Avantha Group. Any quid pro quo for extending such illegal benefit is yet t...
Gautam Thapar remanded in ED custody for 10 daysHis counsel Vijay Aggarwal moved a plea seeking to avail Thapar’s fundamental right to silence during the custodial interrogation by the ED...
Yes Bank fraud case: ED arrests Gautam Thapar of Avantha GroupLast year the CBI had registered an FIR against Gautam Thapar and Avantha Group. The said FIR, registered in March last year, alleged crimi...
NTPC’s Jhabua Power bid hits NPA tag hurdleThe state-owned power giant that accounts for a fourth of India’s energy generation has made a ₹1,900 crore offer for Madhya Pradesh-based ...
Adani Power makes Rs 2,600-crore offer for Essar Power MP under IBCA lender group is negotiating with Adani to sweeten the terms of the deal. The group wants at least Rs 400 crore more, according to the sou...
JSW, Adani, others express interest in Avantha Power armJSW, Adani Power, NTPC, Tata Power-backed Resurgent Power and Singapore-based investors to participate in the bidding of Avantha Group’s Jh...
Lenders to take GMR Chattisgarh and Jindal India Thermal to bankruptcy courtCompanies such as Adani and Vedanta and funds backed by India Resurgence, Edelweiss and KKR have shown interest in acquiring these power co...
Power sector NPAs may be resolved soonOf a dozen distressed cos, four to be taken to bankruptcy court and the rest to be put on sale.
Canada's CDPQ, SWFs from Oman & Kuwait to light up Tata Power-ICICI Venture's JVAround $850 million equity from investors to help create $4 billion balance sheet; JV set to buy Avantha Power's Jhabua plant.
NTPC may invest in GVK, Essar and Avantha plantsThe power producer had also shown interest in and seriously appraised debt-laden power and infrastructure major Lanco's coalbased power pla...
Adani Power to acquire Avantha group’s Korba project for Rs 4,200 croreThis will be the second major acquisition by Adani Power since August, when it had entered into a definitive agreement to acquire Lanco Inf...
- Want to know how ministers park money?
Ever wondered what makes our politicians tick? If some prefer to dabble in the share market, some enjoy swanky cars while others indulge in...
- GAIL to kick off annual borrowings for 2009-10
Gail India is slated to kick off its annual borrowings for 2009-10 after Reserve Bank of India’s annual monetary policy announcement on Apr...